sometimes there r truncated wave 5s too, means they dont go above wave 3.... wave 5s target = wave 1 x 1 or wave 1 x 1.61 or wave 1 x 2.61 or wave 1-3 x 0.61 or wave 1-3 x 1 .... i always use trendlines and channels to know when a wave has finished n a new wave is forming
all the rules r perfectly explained on elliottwave.com